Laura VeersmaBig Rapids Realty, REALTOR®

231-598-1519

8826 E 34 Rd, Cadillac, MI 49601

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$2,484,000
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  • Bedrooms  
  • Bathrooms 8
  • SQ. FT.  
  • Schools Cadillac
  • County Wexford
  • Township Haring Twp
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms 8 (F)
  • Basement  
  • Garage  
  • Acreage 2.5
  • Heat Type Forced Air
  • Central Air Central Air
  • Year Built 2007
  • Style  
  • Exterior  
  • Taxes  
  • SEV 467400
  • Zoning  
  • Parcel 2209-28-1108
  • Lot Size 295x329

Features

Joe McNally and RE/MAX Together are pleased to offer 34 Road Mall in Cadillac, MI. This is a 100 percent leased, stabilized asset, that offers an investor the rare opportunity to acquire a well constructed and maintained multi tenant retail center at almost a 7 percent Cash-on-Cash Return with obvious upward opportunity. The property is a 21,094 square foot inline center on 34 Rd consisting of 10 tenants, at a 100% occupancy rate. This unbeatable location is set in the heart of Cadillac's most highly traffic corridor. The building has been well maintained, and includes an owner-use storage/wokshop area as a bonus. Annual gross incomes exceed $200,000, with upward potential evident.

Listing Courtesy of Joseph McNally - RE/MAX TOGETHER

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